intro to economic

Question 1

Nearshoring means moving production to countries geographically close to the main business operations.

Accepted Answer

o

Question 2

In a developed economy, services are the primary economic sector.

Accepted Answer

o

Question 3

Shifting from agriculture to industry is an example of structural change in the economy.

Accepted Answer

o

Question 4

What does 'economics' refer to?

Accepted Answer

A branch of the economy specializing in creating goods and services

Question 5

Which of these is a strength of Vietnam mentioned for attracting offshoring?

Accepted Answer

2

Question 6

The economic structure of a country is influenced by institutional factors, production development, and natural conditions.

Accepted Answer

o

Question 7

A sector that uses a large amount of financial resources and expensive inputs, like car manufacturing, is described as capital-intensive.

Accepted Answer

o

Question 8

What is the main purpose of economic activities?

Accepted Answer

Create value

Question 9

What does the 4.0 Industrial Revolution represent?

Accepted Answer

Linked virtual and real systems

Question 10

What is the 'China plus one' strategy designed to achieve?

Accepted Answer

Diversify business away from China

Question 11

Which sector is characterized by the production of agricultural, forestry, and fishery products?

Accepted Answer

2

Question 12

Which of the following best describes the nature of economic restructuring (tái cơ cấu kinh tế)?

Accepted Answer

1

Question 13

What is the definition of economic restructuring?

Accepted Answer

Changing the proportion of sectors

Question 14

A poor economic structure and small, fragmented scale are characteristic of which type of economy?

Accepted Answer

3

Question 15

What is the primary goal of economics?

Accepted Answer

1

Question 16

What is the basis for classifying economic sectors by ownership?

Accepted Answer

Who owns and manages assets

Question 17

Offshoring involves moving production stages with less added value to another country.

Accepted Answer

o

Question 18

The term 'economy' refers to all the economic activities of a country.

Accepted Answer

o

Question 19

Which of the following is an example of a mixed-ownership sector in an economy?

Accepted Answer

3